Lysine Cartel

  • Initial investment

    ADM commits $150 million to build world's largest factory in Decatur, Illinois and hires Mark Whitacre as director of the lysine section
  • ADM enters the market

  • Period: to

    Lysine price drops $1.20 to $0.64

  • Formation of an "amino acids trade association"

  • First meeting of the "amino acids trade association"